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(CARBORUNIV) Carborundum Universal complete technical analysis [charts+indicators] | Buy/Sell Carborundum Universal | (CARBORUNIV) share price targets

Complete technical analysis of Carborundum Universal (CARBORUNIV) by charts plus indicators, forecast predictions and share price targets for Carborundum Universal (CARBORUNIV)

Carborundum Universal trades in NSE in Other Industrial Products sector.

Showing technical analysis as on 2024-09-18 View latest technical analysis

10 day averaged volume of Carborundum Universal is 120482

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1497.70	1532.95	1543.90	1493.00	1.197 times
17 Tue Sep 2024	1521.60	1505.00	1560.50	1492.00	4.215 times
16 Mon Sep 2024	1473.30	1509.40	1509.40	1471.00	0.678 times
13 Fri Sep 2024	1502.90	1520.65	1524.00	1500.00	0.391 times
12 Thu Sep 2024	1524.60	1533.40	1534.20	1515.65	0.486 times
11 Wed Sep 2024	1533.40	1527.50	1562.90	1511.20	0.834 times
10 Tue Sep 2024	1527.00	1501.10	1537.95	1495.15	0.574 times
09 Mon Sep 2024	1493.60	1500.20	1517.30	1467.80	0.57 times
06 Fri Sep 2024	1509.85	1558.30	1576.80	1502.50	1.082 times
05 Thu Sep 2024	1542.85	1513.05	1554.65	1512.40	0.721 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1498.3, but if it comes above 1498.3, then a intra day buy could be more profitable.
If you take a sell trade below 1498.3, then use 1498.3 as stoploss and 1469.7 as target. However if you take a buy trade in stock , then use 1498.3 as stoploss and 1522.23 as target.

Share price targets for Carborundum Universal (CARBORUNIV)

Target Type	Value
Downside Target	1403.20
Downside Target	1467.80
Upside Target	1560.50
Upside Target	1576.80
Upside Target	1607.60
Upside Target	1667.00
Upside Target	1735.15
Upside Target	1790.00
Upside Target	1800.00
Upside Target	1841.15

Intraday share price targets for Carborundum Universal (CARBORUNIV)

Target Type	Value
Downside Intraday Target	1458.97
Downside Intraday Target	1420.23
Upside Intraday Target	1548.47
Upside Intraday Target	1599.23
Upside Intraday Target	1509.73

Weekly technical analysis of Carborundum Universal (CARBORUNIV)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1497.70	1509.40	1560.50	1471.00	2.133 times
13 Fri Sep 2024	1502.90	1500.20	1562.90	1467.80	0.662 times
06 Fri Sep 2024	1509.85	1526.70	1576.80	1502.50	0.71 times
30 Fri Aug 2024	1524.80	1560.30	1566.05	1504.25	0.836 times
23 Fri Aug 2024	1568.10	1593.40	1667.00	1528.00	1.911 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Carborundum Universal (CARBORUNIV)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1497.70	1526.70	1576.80	1467.80	0.437 times
30 Fri Aug 2024	1524.80	1719.35	1735.15	1504.25	0.703 times
31 Wed Jul 2024	1718.80	1685.00	1790.00	1607.60	1.447 times
28 Fri Jun 2024	1669.75	1642.50	1841.15	1500.00	0.519 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Carborundum Universal (CARBORUNIV)

Price action analysis of Carborundum Universal ( (CARBORUNIV) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Carborundum Universal ( (CARBORUNIV) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Carborundum Universal ( (CARBORUNIV) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Carborundum Universal ( (CARBORUNIV) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Carborundum Universal stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Carborundum Universal in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Carborundum Universal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Carborundum Universal in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Carborundum Universal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1515.31 and Carborundum Universal (CARBORUNIV) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Carborundum Universal (CARBORUNIV) stock. Volume based technical analysis of Carborundum Universal (CARBORUNIV) stock is negative.

Carborundum Universal Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.